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Thursday

02 April 2020

Bitcoin Price Analysis: BTC Dips Present Buying Opportunities

Bitcoin Price Analysis: BTC Dips Present Buying Opportunities


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Finally, the price surged towards the $9,000 level and a new yearly high was formed near $8,900.

Besides, the 50% Fib retracement level of the recent rally from the $7,947 low to $8,900 high is also near the $8,420 level to provide support.

The main hurdle is near the $9,000 level, above which the price is likely to climb towards $9,200 and $9,250.

Therefore, there are chances of more upsides above $8,900 unless the bears push the price below $8,420 and $8,310.

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